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Industrial Plot with Factory Building for sale in Basti Bana of Lakshmeshwar Lakshmeshwar

Lakshmeshwar, Gadag, Karnataka – 582116

Canara Bank · SPECIALIZED ARM BRANCH, HUBBALLI

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Reserve price
₹1,23,83,000
EMD
₹12,38,300
Bid increment
₹50,000
Area
1.35 acres
Price per sq ft
₹211

Key dates

  1. Inspect the property28 Oct 2026, 10:00 AM – 28 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by29 Oct 2026, 4:00 PM
  3. Auction30 Oct 2026, 11:30 AM – 12:30 PM · in 15 days

What you'd pay at the reserve price

EMD, before the auction
₹12,38,300
Rest of 25% when you win (same or next day)
₹18,57,450
Balance 75%, usually within 15 days
₹92,87,250
Stamp duty and registration (about 5–8%, varies by state)
₹6.19 L – ₹9.91 L

You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Industrial · Industrial Plot with Factory Building
Possession
Symbolic
Address
All the piece and parcel of the land bearing T.M.C No.50 -521 -617 (its old R.S No. 17 – D) area measuring 5455.357063 sq mtrs situated at Basti Bana of Lakshmeshwar
Borrower
1. M/s. Vrushabh Shri Industries Partnership Firm – Rep by partners (a). Mallikarjun S/o Odundappa Kotagi and (b). Somaskhekhar Basavaraj Kotagi

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